- Ref.Soya oil trading range for the day is 726-738.
- Ref.Soya oil dropped tracking weakness in spot demand amid reports of higher stocks of edible oil.
- Higher import duty and depreciation in Indian rupee against the dollar has slow down the imports of edible oils in the country during the last three months.
- According to an official notification, government cut the base import prices of all edible oils by $2-$6 per tn.
- At the Indore spot market in Madhya Pradesh, soyoil was steady at 740.25 Rupees per 10 kgs.
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